Hawaii Real Estate Numbers with Scott Higashi of Prudential Locations

(HawaiiNewsNow) - More than 600 houses and condos sold on Oahu last month for prices close to last year's.

42% of sales are first-time home buyers, 18% are trading up or downsizing, and 17% are investors.

Home sales are really important to the economy because people who buy homes generally spend more money on furnishings and appliances. Those first-time buyers tend to be driven by the state of their own lives, not the state of the economy.